How do I get the value of the selected value in LWC Combobox?

`@track selectedLabel;

get options() {
return [
{ label: ‘New’, value: ‘new’ },
{ label: ‘In Progress’, value: ‘inProgress’ },
{ label: ‘Finished’, value: ‘finished’ },
];
}

handleChange(event) {
this.selectedLabel = event.target.options.find(opt => opt.value === event.detail.value).label;
}`